635 Jerusalem Ave, Uniondale, NY 11553-2630
This 4,764 square foot vacant storefront, located at 635 Jerusalem Ave in Uniondale, NY 11553, presents a compelling investment opportunity. The property boasts a desirable location on a major thoroughfare, ensuring high visibility and accessibility. Built in 1948, this single-story building sits on a 10,000 square foot lot and features a 14' high ceiling, a loading dock, and drive-in access, enhancing operational efficiency. Ample parking is available with 14 designated spots. The property's wide frontage further maximizes its visibility and appeal. The asking price is $1,650,000, translating to $346.35 per square foot. This retail space is ideally suited for a variety of businesses, benefiting from its proximity to established national and local businesses including Walgreens, 7-Eleven, Subway, C-Town Supermarket, McDonald's, Dunkin' Donuts, Starbucks, Claudy's Beauty Supply, MoneyGram, Tropical Jerk Center & Seafood, Flako Taco, and Citi Bank. The property is currently vacant, offering immediate occupancy for a new tenant. The lease type is gross, simplifying operational costs for the tenant. This is a single-tenancy building, providing a straightforward investment opportunity. This prime location and versatile space make this property an excellent investment prospect.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.